What Investors Don't Know: Communist China Could Profit Billions From The World "Going Green."
Who controls 80% of the works lithium supply (the most important metal for building EV batteries)? China! And if you're outraged by that fact, then you'll love hearing how this western company is fighting back…
See How This Lithium Play Could Explode

MBWM Insider Trading (Mercantile Bank)

Insider Ownership Percentage: 3.64%
Insider Buying (Last 12 Months): $111,713.36
Insider Selling (Last 12 Months): $370,791.88

Mercantile Bank Insider Trading History Chart

This chart shows the insider buying and selling history at Mercantile Bank by year and by quarter.

Skip ChartChart Data in Insider Trading History Table

Mercantile Bank Share Price & Price History

Current Price: $30.41
Price Change: Price Decrease of -0.74 (-2.38%)
As of 05/19/2022 01:00 AM ET

This chart shows the closing price history over time for MBWM up to the past year.

Skip Chart and Table DataPrice Data in Insider Trading History Table
Days: 30 | 90 | 365
Last Century's Oil Boom Repeats Today With Lithium?
The budding lithium industry looks similar to early days of the oil boom. In fact, lithium has been called the "new oil." As internal combustion engines give way to lithium-filled electric vehicle batteries, demand for the metal is skyrocketing. The U.S. is desperate for more domestic sources of lithium, and geologists are pointing to Nevada.
See Why Nevada Lithium Opportunity Looks Promising

Mercantile Bank Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
1/26/2022Lonna WiersmaDirectorSell2,000$39.60$79,200.00View SEC Filing Icon  
1/24/2022Lonna WiersmaDirectorSell2,214$38.42$85,061.88View SEC Filing Icon  
1/21/2022Robert T. WorthingtonSVPSell3,000$38.11$114,330.00View SEC Filing Icon  
11/5/2021Lonna WiersmaDirectorSell2,500$36.88$92,200.00View SEC Filing Icon  
6/3/2021Robert T. WorthingtonCOOBuy3,431$32.56$111,713.368,779View SEC Filing Icon  
12/1/2020Robert T. WorthingtonCOOSell3,500$25.04$87,640.008,846View SEC Filing Icon  
4/24/2020Michael H PriceDirectorSell8,000$21.20$169,600.0045,259View SEC Filing Icon  
11/19/2019Robert T. WorthingtonCOOSell2,500$35.10$87,750.009,768View SEC Filing Icon  
10/22/2019Michael H PriceDirectorSell2,947$35.48$104,559.5654,206View SEC Filing Icon  
See Full Table
The US/China Lithium War and How it Affects Your Wealth
The U.S. is in a desperate race for lithium with China. Lithium is the key technology to transform America to clean energy. Demand for electric vehicles is driving the booming need for lithium and igniting a new energy war. China controls 80% of the global lithium supply. But new discoveries in Nevada could tip the balance to the U.S.
Lithium Wars are creating new opportunities

SEC Filings (Institutional Ownership Changes) for Mercantile Bank (NASDAQ:MBWM)

52.89% of Mercantile Bank stock is owned by institutions. Institutional ownership can be a sign of analyst confidence in the fundamentals of the stock.

Institutional Buying and Selling by Quarter

This chart shows the instiutional buying and selling at MBWM by year and by quarter.

Skip Institutional Buying and Selling Chart and Table DataRead Chart Data in Institutional Trading History Table

Mercantile Bank Institutional Trading History

Reporting DateHedge FundShares HeldMarket Value% of PortfolioQuarterly Change in SharesOwnership in CompanyDetails
5/18/2022BNP Paribas Arbitrage SA4,067$0.14M0.0%-41.5%0.026%Search for SEC Filing on Google Icon
5/17/2022Royal Bank of Canada92,347$3.27M0.0%+23.9%0.583%Search for SEC Filing on Google Icon
5/16/2022California State Teachers Retirement System19,455$0.69M0.0%-7.8%0.123%Search for SEC Filing on Google Icon
5/16/2022Goldman Sachs Group Inc.26,920$0.95M0.0%+34.2%0.170%Search for SEC Filing on Google Icon
5/16/2022State Street Corp427,289$15.14M0.0%+34.0%2.697%Search for SEC Filing on Google Icon
5/16/2022Invesco Ltd.41,877$1.48M0.0%+76.9%0.264%Search for SEC Filing on Google Icon
5/16/2022UBS Group AG6,636$0.24M0.0%-16.1%0.042%Search for SEC Filing on Google Icon
5/13/2022Renaissance Technologies LLC668,513$23.68M0.0%-1.6%4.220%Search for SEC Filing on Google Icon
5/13/2022Northern Trust Corp180,748$6.40M0.0%-2.2%1.141%Search for SEC Filing on Google Icon
5/13/2022Charles Schwab Investment Management Inc.106,222$3.76M0.0%-21.9%0.670%Search for SEC Filing on Google Icon
5/13/2022First Trust Advisors LP36,686$1.30M0.0%-14.7%0.232%Search for SEC Filing on Google Icon
5/13/2022American International Group Inc.7,698$0.27M0.0%-5.6%0.049%Search for SEC Filing on Google Icon
5/13/2022Vanguard Group Inc.764,595$27.08M0.0%+4.1%4.827%Search for SEC Filing on Google Icon
5/13/2022Dimensional Fund Advisors LP1,153,934$40.87M0.0%+0.5%7.285%Search for SEC Filing on Google Icon
5/12/2022LSV Asset Management144,637$5.12M0.0%-2.1%0.913%Search for SEC Filing on Google Icon
5/12/2022BlackRock Inc.1,349,943$47.82M0.0%-1.7%8.521%Search for SEC Filing on Google Icon
5/12/2022Rhumbline Advisers22,234$0.79M0.0%-8.1%0.140%Search for SEC Filing on Google Icon
5/12/2022Panagora Asset Management Inc.10,452$0.37M0.0%+61.6%0.066%Search for SEC Filing on Google Icon
5/12/2022Metropolitan Life Insurance Co NY1,087$39K0.0%-73.7%0.007%Search for SEC Filing on Google Icon
5/12/2022MetLife Investment Management LLC8,397$0.30M0.0%+57.0%0.053%Search for SEC Filing on Google Icon
5/12/2022Acadian Asset Management LLC144,287$5.11M0.0%+7.7%0.911%Search for SEC Filing on Google Icon
5/12/2022PNC Financial Services Group Inc.8,008$0.28M0.0%-30.6%0.051%Search for SEC Filing on Google Icon
5/12/2022Citigroup Inc.1,397$49K0.0%-64.9%0.009%Search for SEC Filing on Google Icon
5/11/2022US Bancorp DE6,180$0.22M0.0%+18.5%0.039%Search for SEC Filing on Google Icon
5/11/2022American Century Companies Inc.73,259$2.60M0.0%+29.0%0.462%Search for SEC Filing on Google Icon
5/11/2022Banc Funds Co. LLC490,158$17.36M1.4%+5.2%3.094%Search for SEC Filing on Google Icon
5/11/2022Bank of New York Mellon Corp112,503$3.98M0.0%-6.1%0.710%Search for SEC Filing on Google Icon
5/11/2022JPMorgan Chase & Co.23,464$0.83M0.0%-37.6%0.148%Search for SEC Filing on Google Icon
5/11/2022BHZ Capital Management LP46,178$1.64M0.6%+4.2%0.291%Search for SEC Filing on Google Icon
5/10/2022Cornercap Investment Counsel Inc.28,542$1.01M0.1%-18.6%0.180%Search for SEC Filing on Google Icon
5/9/2022Swiss National Bank35,200$1.25M0.0%+6.0%0.222%Search for SEC Filing on Google Icon
5/5/2022SWS Partners1,200$43K0.0%N/A0.008%Search for SEC Filing on Google Icon
5/4/2022Victory Capital Management Inc.40,250$1.43M0.0%-14.4%0.254%Search for SEC Filing on Google Icon
5/4/2022Envestnet Asset Management Inc.31,236$1.11M0.0%+9.6%0.197%Search for SEC Filing on Google Icon
4/29/2022North Star Asset Management Inc.285,334$10.11M0.6%-0.2%1.801%Search for SEC Filing on Google Icon
4/28/2022Financial Counselors Inc.12,328$0.44M0.0%N/A0.078%Search for SEC Filing on Google Icon
4/27/2022Dorsey Wright & Associates1,236$44K0.0%N/A0.008%Search for SEC Filing on Google Icon
4/26/2022Hennion & Walsh Asset Management Inc.10,091$0.36M0.0%N/A0.064%Search for SEC Filing on Google Icon
4/25/2022Assenagon Asset Management S.A.34,690$1.23M0.0%-3.4%0.219%Search for SEC Filing on Google Icon
4/22/2022Tributary Capital Management LLC333,967$11.83M0.9%+5.0%2.108%Search for SEC Filing on Google Icon
4/21/2022Strs Ohio20,000$0.71M0.0%-8.7%0.126%Search for SEC Filing on Google Icon
4/19/2022Fifth Third Bancorp2,837$100K0.0%-81.8%0.018%Search for SEC Filing on Google Icon
4/11/2022Dynamic Advisor Solutions LLC7,500$0.27M0.0%-6.3%0.047%Search for SEC Filing on Google Icon
2/23/2022Barclays PLC19,256$0.67M0.0%+175.2%0.123%Search for SEC Filing on Google Icon
2/23/2022BlackRock Inc.1,372,640$48.09M0.0%-0.2%8.759%Search for SEC Filing on Google Icon
2/19/2022Wells Fargo & Company MN47,699$1.67M0.0%+45.0%0.304%Search for SEC Filing on Google Icon
2/17/2022Goldman Sachs Group Inc.20,061$0.70M0.0%-31.2%0.128%Search for SEC Filing on Google Icon
2/16/2022The Manufacturers Life Insurance Company 8,959$0.31M0.0%-4.1%0.057%Search for SEC Filing on Google Icon
2/16/2022California State Teachers Retirement System21,094$0.74M0.0%-1.3%0.135%Search for SEC Filing on Google Icon
2/16/2022Parametric Portfolio Associates LLC92,645$3.25M0.0%+4.5%0.591%Search for SEC Filing on Google Icon
2/16/2022Thrivent Financial for Lutherans43,540$1.53M0.0%-5.2%0.278%Search for SEC Filing on Google Icon
2/15/2022Metropolitan Life Insurance Co NY4,134$0.15M0.0%-24.9%0.026%Search for SEC Filing on Google Icon
2/15/2022MetLife Investment Management LLC5,350$0.19M0.0%-30.6%0.034%Search for SEC Filing on Google Icon
2/15/2022Sei Investments Co.7,800$0.27M0.0%-17.0%0.050%Search for SEC Filing on Google Icon
2/15/2022Stifel Financial Corp5,779$0.20M0.0%N/A0.037%Search for SEC Filing on Google Icon
2/15/2022Millennium Management LLC5,851$0.21M0.0%-48.8%0.037%Search for SEC Filing on Google Icon
2/14/2022Citadel Advisors LLC25,991$0.91M0.0%+12.1%0.166%Search for SEC Filing on Google Icon
2/14/2022Alliancebernstein L.P.7,291$0.26M0.0%-5.2%0.047%Search for SEC Filing on Google Icon
2/14/2022Credit Suisse AG11,977$0.42M0.0%+5.6%0.076%Search for SEC Filing on Google Icon
2/14/2022State Street Corp318,900$11.17M0.0%-0.3%2.035%Search for SEC Filing on Google Icon
2/14/2022LPL Financial LLC6,547$0.23M0.0%N/A0.042%Search for SEC Filing on Google Icon
2/14/2022Goldman Sachs Group Inc.20,061$0.70M0.0%-31.2%0.128%Search for SEC Filing on Google Icon
2/14/2022Nuveen Asset Management LLC54,717$1.86M0.0%-12.4%0.349%Search for SEC Filing on Google Icon
2/14/2022Barclays PLC19,256$0.67M0.0%+175.2%0.123%Search for SEC Filing on Google Icon
2/14/2022Invesco Ltd.23,671$0.83M0.0%-6.6%0.151%Search for SEC Filing on Google Icon
2/11/2022Geode Capital Management LLC255,817$8.96M0.0%-5.0%1.632%Search for SEC Filing on Google Icon
2/11/2022Renaissance Technologies LLC679,213$23.79M0.0%-2.1%4.334%Search for SEC Filing on Google Icon
2/11/2022Charles Schwab Investment Management Inc.136,072$4.77M0.0%+1.3%0.868%Search for SEC Filing on Google Icon
2/10/2022JPMorgan Chase & Co.37,592$1.32M0.0%+67.0%0.240%Search for SEC Filing on Google Icon
2/10/2022Regal Investment Advisors LLC17,066$0.60M0.1%-3.5%0.109%Search for SEC Filing on Google Icon
2/10/2022Citigroup Inc.3,975$0.14M0.0%+100.7%0.025%Search for SEC Filing on Google Icon
2/10/2022Acadian Asset Management LLC133,938$4.69M0.0%+14.4%0.855%Search for SEC Filing on Google Icon
2/10/2022Stieven Capital Advisors L.P.120,133$4.21M0.5%N/A0.767%Search for SEC Filing on Google Icon
2/9/2022BNP Paribas Arbitrage SA6,953$0.24M0.0%+57.7%0.044%Search for SEC Filing on Google Icon
2/9/2022First Horizon Advisors Inc.764$26K0.0%+241.1%0.005%Search for SEC Filing on Google Icon
2/9/2022UMB Bank N A MO923$32K0.0%N/A0.006%Search for SEC Filing on Google Icon
2/9/2022Dimensional Fund Advisors LP1,148,096$40.22M0.0%-2.5%7.326%Search for SEC Filing on Google Icon
2/8/2022Seizert Capital Partners LLC16,007$0.56M0.0%N/A0.102%Search for SEC Filing on Google Icon
2/8/2022Bank of America Corp DE75,840$2.66M0.0%+15.2%0.484%Search for SEC Filing on Google Icon
2/8/2022Swiss National Bank33,200$1.16M0.0%-2.9%0.212%Search for SEC Filing on Google Icon
2/8/2022First Trust Advisors LP43,001$1.51M0.0%-1.5%0.274%Search for SEC Filing on Google Icon
2/8/2022Northern Trust Corp184,792$6.47M0.0%-6.0%1.179%Search for SEC Filing on Google Icon
2/7/2022Victory Capital Management Inc.47,000$1.65M0.0%+3.8%0.300%Search for SEC Filing on Google Icon
2/7/2022SG Americas Securities LLC4,770$0.17M0.0%-54.8%0.030%Search for SEC Filing on Google Icon
2/7/2022American Century Companies Inc.56,794$1.99M0.0%+34.4%0.362%Search for SEC Filing on Google Icon
2/7/2022North Star Asset Management Inc.285,797$10.01M0.5%+2.3%1.824%Search for SEC Filing on Google Icon
2/7/2022BHZ Capital Management LP44,330$1.55M0.5%+12.9%0.283%Search for SEC Filing on Google Icon
2/4/2022Envestnet Asset Management Inc.28,488$1M0.0%-3.4%0.182%Search for SEC Filing on Google Icon
2/4/2022IndexIQ Advisors LLC13,006$0.46M0.0%-6.1%0.083%Search for SEC Filing on Google Icon
2/1/2022Assenagon Asset Management S.A.35,926$1.26M0.0%N/A0.229%Search for SEC Filing on Google Icon
1/31/2022Commonwealth Equity Services LLC5,908$0.21M0.0%N/A0.038%Search for SEC Filing on Google Icon
1/28/2022Allspring Global Investments Holdings LLC10,822$0.38M0.0%N/A0.069%Search for SEC Filing on Google Icon
1/28/2022LSV Asset Management147,695$5.17M0.0%-10.4%0.942%Search for SEC Filing on Google Icon
1/21/2022Well Done LLC5,781$0.20M0.0%N/A0.037%Search for SEC Filing on Google Icon
1/21/2022Russell Investments Group Ltd.1,190$41K0.0%-88.4%0.008%Search for SEC Filing on Google Icon
1/6/2022Tributary Capital Management LLC317,920$11.14M0.8%-5.8%2.029%Search for SEC Filing on Google Icon
11/19/2021American International Group Inc.8,514$0.27M0.0%-3.9%0.054%Search for SEC Filing on Google Icon
11/18/2021Bank of New York Mellon Corp119,837$3.84M0.0%+2.3%0.765%Search for SEC Filing on Google Icon
11/16/2021BNP Paribas Arbitrage SA4,409$0.14M0.0%+103.5%0.028%Search for SEC Filing on Google Icon
11/16/2021Thrivent Financial for Lutherans45,906$1.47M0.0%+1.9%0.293%Search for SEC Filing on Google Icon
Data available starting January 2016

See Full Table
Mercantile Bank logo
Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank of Michigan that provides commercial and retail banking services to small- to medium-sized businesses and individuals in the United States. It accepts various deposit products, including checking, savings, and term certificate accounts; time deposits; and certificates of deposit. The company also offers commercial and industrial loans; vacant land, land development, and residential construction loans; owner and non-owner-occupied real estate loans; multi-family and residential rental property loans; single-family residential real estate loans; home equity line of credit programs; and consumer loans, such as new and used automobile and boat loans, and credit cards, as well as overdraft protection services; and residential mortgage and instalment loans. In addition, it provides courier services and safe deposit facilities; and insurance products, such as private passenger automobile, homeowners, personal inland marine, boat owners, recreational vehicle, dwelling fire, umbrella policies, small business, and life insurance products, as well as owns 22 automated teller machines and 19 video banking machines. As of January 18, 2022, the company operated 44 banking offices. Mercantile Bank Corporation was incorporated in 1997 and is headquartered in Grand Rapids, Michigan.
Read More on Mercantile Bank

Today's Range

Now: $30.41
Low: $30.34
High: $31.11

50 Day Range

MA: $34.01
Low: $30.41
High: $38.31

52 Week Range

Now: $30.41
Low: $28.51
High: $40.01

Volume

41,415 shs

Average Volume

35,090 shs

Market Capitalization

$481.69 million

P/E Ratio

8.59

Dividend Yield

3.98%

Beta

1

Who are the company insiders with the largest holdings of Mercantile Bank?

Mercantile Bank's top insider investors include:
  1. Robert T Worthington (COO)
  2. Lonna Wiersma (Director)
  3. Robert T Worthington (SVP)
Learn More about top insider investors at Mercantile Bank.

Who are the major institutional investors of Mercantile Bank?

Mercantile Bank's top institutional shareholders include:
  1. BlackRock Inc. — 8.52%
  2. Dimensional Fund Advisors LP — 7.28%
  3. Vanguard Group Inc. — 4.83%
  4. Renaissance Technologies LLC — 4.22%
  5. Banc Funds Co. LLC — 3.09%
  6. State Street Corp — 2.70%
Learn More about top institutional investors of Mercantile Bank stock.

Which major investors are selling Mercantile Bank stock?

During the last quarter, MBWM stock was sold by these institutional investors:
  1. Charles Schwab Investment Management Inc.
  2. BlackRock Inc.
  3. JPMorgan Chase & Co.
  4. Fifth Third Bancorp
  5. Renaissance Technologies LLC
  6. Bank of New York Mellon Corp
  7. Victory Capital Management Inc.
  8. Cornercap Investment Counsel Inc.
Within the last year, company insiders that have sold Mercantile Bank company stock include:
  1. Robert T Worthington (COO)
  2. Lonna Wiersma (Director)
Learn More investors selling Mercantile Bank stock.

Which major investors are buying Mercantile Bank stock?

In the previous quarter, MBWM stock was acquired by institutional investors including:
  1. State Street Corp
  2. Vanguard Group Inc.
  3. Banc Funds Co. LLC
  4. Invesco Ltd.
  5. Royal Bank of Canada
  6. American Century Companies Inc.
  7. Tributary Capital Management LLC
  8. Financial Counselors Inc.
Stock With Great Potential
Analyst says this stock could make quick strides with its unbelievable assets.
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